Tuesday, 1 December 2015

3pm update - almost there

US equities are making yet another push for the sp'2100 threshold. Whether achieved into the close.. or early tomorrow.. from there, target is 2115/20 zone.... with a broader target of 2150/70 by year end. Oil continues to hold support (just)... +0.1%.



Little to add.

A day for the equity bulls.. although yes... not as clear cut as the daily candles might suggest.

Broadly... we're still headed higher.

*Riley is still gunning for the 2200s by year end...a bold target,  but IS within range... assuming the Fed don't back off... again.

back at the close